Overview
- SOL outperformed major tokens with a roughly 7–8% single‑day gain to around $208–$209, according to CoinDesk data.
- Trend gauges strengthened, with ADX near 28 and RSI near 60, while 50‑ and 200‑day EMAs sit below price; key levels are ~$200 support, ~$210 resistance, and a $220–$240 target zone.
- On Myriad, odds of a new SOL all‑time high in 2025 climbed to roughly 48–50%, and traders give a 71% chance of $250 before $130.
- Institutional footprints expanded as Chorus One, with Delphi Consulting, launched an institutional‑grade Solana validator, and Sentora estimates corporate treasuries hold over $820 million in SOL.
- Analysts caution the advance could fade if liquidity tightens or if Bitcoin weakens, noting alt rallies without clear BTC strength often reverse.